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Santacruz Silver Mining ( (TSE:SCZ) ) just unveiled an announcement.
Santacruz Silver Mining Ltd. reported a fatal accident at its Tres Amigos mine in Bolivia, part of the Caballo Blanco Group, where a miner was fatally injured during cleaning work near an ore pass junction. The company has initiated a comprehensive investigation to determine the cause of the accident and is working with independent experts to reinforce safety protocols. The company’s executive chairman and CEO, Arturo Préstamo, expressed deep condolences to the family of the deceased and emphasized the company’s commitment to preventing such incidents in the future.
More about Santacruz Silver Mining
Santacruz Silver Mining Ltd. is involved in the operation, acquisition, exploration, and development of mineral properties in Latin America. Their operations in Bolivia include the Bolivar, Porco, and Caballo Blanco Group of mines, which consist of Tres Amigos, Reserva, and Colquechaquita mines, along with the Soracaya exploration project and San Lucas ore sourcing and trading business. The company also operates the Zimapan mine in Mexico.
YTD Price Performance: 26.67%
Average Trading Volume: 546,946
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$135.2M
For a thorough assessment of SCZ stock, go to TipRanks’ Stock Analysis page.